Advertisements
Advertisements
Question
Answer in brief.
What are the circumstances under which correspondence can be made with debenture holders?
Advertisements
Solution
Debenture holders are the creditors of the company. They have the right to know about the decisions taken by the management of the company and other information. The secretary corresponds with the debenture holders under various circumstances. The following are the few circumstances under which the secretary enters into correspondence with the debenture holders:
- Informing the applicant about the allotment of debentures.
- Informing about payment of interest through:
i. Interest Warrant
ii. Electronic Mode - Letter for the conversion of debentures into equity share
- Informing the debenture holders about the redemption of their debentures.
APPEARS IN
RELATED QUESTIONS
Bearer debentureholders get interest through ______.
Select the correct answer from the options given below and rewrite the statement.
Return of income on debentures is ______ at fixed rate.
Select the correct answer from the options given below and rewrite the statement.
______ is an acknowledgement of debt issued by the company under common seal.
Write a word or a term or a phrase which can substitute the following statement.
Debentures whose name is mentioned in the Register of debenture holders.
State whether the following statement is true or false.
Debenture holders get regular dividend.
State whether the following statement is true or false.
All types of debentures are eligible for conversion into equity shares.
Find the odd one.
Complete the sentence.
Debenture holder gets ______ at fixed rate as a return or income.
Complete the sentence.
The ______has to correspond with debenture holders on important occasions.
Complete the sentence.
Interest does not depend upon ______ of the company.
Complete the sentence.
Company cannot issue debentures with ______ rights.
Select the correct option.
____________ Debentureholders.
Select the correct option.
____________ Debenture.
Correct the underlined word and rewrite the following sentence.
The person who purchases debentures of the company is called shareholder.
Explain the following term/concept.
Courtesy
Answer in brief.
Which are the precautions to be taken by the Secretary while corresponding with debenture holders?
